Search Results for: Swiss
Swiss Franc’s Leap Lifts Some FX Brokers
January 26th, 2015
Even as some foreign-exchange brokers that focus on serving retail customers were getting hammered by the surprise surge in the Swiss franc earlier this month, other firms that deal mostly with big banks, hedge funds and other large clients ...
IronFX says bidding for Alpari after Swiss collapse
January 23rd, 2015
Cyprus-based online forex broker IronFX said on Thursday that it was in talks to buy Alpari UK, which went into administration earlier this week following heavy losses on the Swiss franc. “We are in the process of making a ...
Malta Financial Services Authority released on Swiss Franc
January 22nd, 2015
MFSA, Malta’s financial Services regulatory authority issued a press release asking for information. On Thursday 15th December 2015, the Swiss National Bank (SNB) announced that it will no longer be enforcing and maintaining the minimum exchange rate for the Swiss ...
Hellenic Bank – Cyprus, issued an announcement on Swiss Franc fluctuation
January 21st, 2015
Hellenic Bank issued a statement regarding its financial position in relation of the recent exchange rate fluctuation of the Swiss Franc against the Euro. Hellenic Bank Public Company Limited announces that the recent exchange rate fluctuation between the Swiss ...
Swiss banks try to calm scared shareholders
January 21st, 2015
SWISS financial institutions and firms that trade with them yesterday tried to reassure investors who had been walloped by the soaring franc last week, after the central bank removed the currency’s peg with the euro. The Swiss National Bank ...
EXNESS has resumed trading currency pairs with the Swiss franc and the Russian ruble
January 21st, 2015
EXNESS issued a press release saying that: Has resumed trading currency pairs with the Swiss franc and the Russian ruble. However, the following margin requirements apply to newly opened and already existing positions in these instruments: for currency pairs ...
AVA Trade on Swiss National Bank decision
January 19th, 2015
AvaTrade released today that the decision of Swiss National Bank on Thursday, has no impact on its business operations. Source: AvaTrade
Here’s What the Swiss Central Bank Just Did and Why It’s Such a Shocker
January 19th, 2015
Today the Swiss National Bank shocked the world when it announced it would remove the cap it had in place to prevent the Swiss franc from rising too high against the euro. Here’s what that means and what it’s ...
Switzerland Underestimated Effect Of Currency Move On Swiss Franc
January 19th, 2015
After Switzerland’s central bank shocked global markets with a surprise currency move on Thursday, the global consensus a day later was: No more surprises, please. Currency brokers across the globe suffered deep losses, people in Geneva lined up at ...
Newspapers condone Swiss National Bank’s decision
January 19th, 2015
The Swiss National Bank’s decision on Thursday to do away with a lower limit of CHF1.20 on the exchange rate for the euro dropped like a bomb on pretty much everyone both inside and outside of the country. Newspapers ...
